China’s HNA Group has disposed of another of its property assets, according to mainland news reports, with one of the country’s top bad asset banks said to have taken over a Shanghai office building developed by the financially troubled conglomerate.
Loss-making mainland China apartment rental operator Danke has moved a step closer to listing on the New York Stock Exchange, just two months after Shanghai-based rival Qingke listed on the NASDAQ at the bottom end of its price range.
The… Read More>>
GoHigh Capital and Thailand’s Charoen Pokphand Group are dialling in on China’s push for revitalising its cities with the formation of a RMB 10 billion ($330 million) urban renewal fund.
On 7 January the Beijing-based private equity real estate firm,… Read More>>
Hong Kong-based Phoenix Property Investors has sold an apartment building in Tokyo for JPY 20 billion ($180 million), just 30 months after buying the property in the Shinagawa area.
The private equity shop headed by financiers Benjamin Lee and Samuel… Read More>>
Mitsubishi Estate Corporation is looking to double the size of its overseas property investment platform to JPY 1 trillion ($9 billion), according to a report in the Nikkei Asian Review.
The Japanese property giant plans to expand the low-risk, long-term… Read More>>
Haitong Securities has agreed to buy a trio of office buildings worth a combined RMB 7.5 billion ($1 billion) in a Greenland Group project on Shanghai’s Bund, according to announcements last week by units of the mainland investment bank.
The… Read More>>
A South Korean-led consortium is said to have completed its purchase of the Finance Tower in Brussels, notching the highest value purchase ever of a single property in Belgium, according to an account in the Korea Economic Daily.
The Meritz… Read More>>
ARA Asset Management has announced that it has completed the purchase of Singapore’s Robinson Centre on behalf of one of its private real estate funds, marking the second acquisition by the Warburg Pincus-backed investment manager in just under two weeks.
ARA Asset Management took another step toward establishing a global footprint this week when the Singapore-based firm announced a European joint venture focused on real estate debt opportunities.
The Warburg Pincus-backed fund manager has reached an agreement with London-based Venn… Read More>>
Greystar Real Estate Partners has announced the appointment of Akira Kosugi as managing director of its Japan business as the US-based rental apartment developer embarks on the next stage of its Asia expansion.
The company’s newly launched Tokyo office brings… Read More>>